“Oil companies have delighted Wall Street this week by reporting multibillion-dollar windfalls in their earnings statements, with ExxonMobil and Chevron on Friday reporting a combined $26.5 billion in profits during the second quarter of the year.
But the immense profit stemming in large part from the war in Iran, and coming at the expense of motorists struggling to pay for a tank of gas, is fast making the companies a ripe political target.” -Washington Post
#gasprices #fossilfuels #sustainablefinance